Company Information

Get to know WebMoney

Founded in 1998, WebMoney Transfer is one of the world's oldest and largest electronic payment systems. It provides a comprehensive platform for online business activities, offering a multicurrency e-wallet service that allows users to hold funds in various currency-equivalent units ("purses"), make peer-to-peer transfers, pay for goods and services, and manage online transactions. The system operates through a network of guarantors, which are separate legal entities responsible for issuing and managing specific purse types. Historically, it has been most prominent in Russia and other CIS countries.

Industry

Financial Electronic PaymentPRIMARY
Financial PSP Gateway

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WebMoney

N/A

Founded in

1998 (28 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.